The United Arab Emirates and the US announced their joint commitment to tackle the climate challenge in a joint statement that stresses the importance and urgency of raising global climate ambition.

The UAE Sunday announced $3 billion investment in Iraq in a fresh bid to strengthen the economic and investment relations between the two fraternal nations.

The consortium, which includes ITOCHU Corporation, Hitachi Zosen Inova, BESIX Group and Tech Group, will build and operate the AED4 billion ($1.1bn) project under a 35-year concession period with Dubai Municipality.

The UAE was India's third-largest supplier of crude in 2020, behind Iraq and Saudi Arabia, with volumes of 21.35 million mt and an 11% market share,

Abu Dhabi, which has the majority of oil and gas reserves in the UAE, a seven-member federation, is pressing ahead with these efforts even as the coronavirus pandemic devastates energy consumption,

Dr. Al Jaber said, "Our strategic alliance with the U.S. is also very strong.

Abu Dhabi National Oil Co (Adnoc) formed an alliance with Mubadala Investment Co and ADQ to produce hydrogen from renewable energy, known as green hydrogen,

Government-owned Abu Dhabi National Oil Co. set Murban crude at a premium of 75 cents a barrel to the regional benchmark,

Home to a growing population and rising energy demand, the UAE is leveraging its abundant renewable resources and global technology partners to dramatically reduce its carbon footprint. Chief among its collaborators is the UK, which has a long history of greentech expertise and implementation.

In a joint statement the Central Bank of the United Arab Emirates (CBUAE) and the Saudi Central Bank (SAMA) launched the ‘Aber’ project, which seeks to evaluate the feasibility of issuing a digital currency for use between the two central banks.